Doom scenario far-fetched but euro gloom to deepen

It would be fair to say that U.S. hedge-fund manager Kyle Bass does not expect the explosion in global debt in recent years to turn out well. “This ends through war,” Bass, the founder of Hayman Capital Management in Dallas, said. “I don’t know who’s going to fight who, but I’m fairly certain th…

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Doom scenario far-fetched but euro gloom to deepen